This project was free, as I already had all materials needed, wooden boards, paint, Cricut, make the cut etc. This quote is all the rage at Deseret Book right now-that's where I found it. So maybe this project is illegal... I don't know but oh well.
I made these this year as part of a Christmas project. Easy as pie...
I painted my boards the color I wanted the lettering (Off white on board below)
I used my cricut + make the cut to print the lettering. Put it on the boards.
I painted over the lettering the final color of the board (red on board below)
After letting paint dry, I peeled off the lettering which revelaed the off-white letters

This one was the same concept-except no painting involved. I just printed out the vinyl lettering and put it on the charger.